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Dakota Heritage Bank

Hunter, ND · Cert 16231 · Hunter Holding Co.

State charter, non-member · FDIC · 11 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks under $1B in assets operating regionally3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks under $1B in assets operating regionally (n=99). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

20

Q2 2024Q2 2026peer median (50)

Asset Quality

33

Q2 2024Q2 2026peer median (50)

Profitability

77

Q2 2024Q2 2026peer median (50)

Liquidity

46

Q2 2024Q2 2026peer median

Efficiency

89

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Dakota Heritage Bank

Hunter, ND · Cert 16231 · Hunter Holding Co.

State charter, non-member · FDIC · 11 branches

Q2 2026

$416.8MAssets
$346.9MLoans
$366.8MDeposits
$38.4MEquity
Loan mix
80%RE $157.0M11%C&I $22.3M9%Consumer $18.0MQ2 2025Q2 2026
Deposit mix
83%Interest-bearing $305.8M17%Noninterest $61.1MQ2 2025Q2 2026

NIM

5.62%Q2 ’245.73%Q2 ’255.76%Q2 ’260%+6%

Non-interest income vs. expense

2.05%Q2 ’241.92%Q2 ’251.89%Q2 ’26-6%-2%

Market Position · Fargo, ND-MN · 2026 SOD (annual) · 0.3% share · #24 of 32 inst. · $0.0B of $12.9B

40.7% Red Lake
20.4% Traill
19.2% Wells
0.4% Cass

Executive Summary

  • Earnings: ROA of 1.58%, up 28 bps year over year; NIM at 3.81%.
  • Asset quality: problem loans at 1.62% of loans (+103 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 9.83%, up 58 bps from a year ago.
  • Funding: loans stand at 94.55% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.58%+28 bps YoY

Net Interest Margin (YTD, annualized)

3.81%+21 bps YoY

Efficiency Ratio (YTD, annualized)

47.81%-330 bps YoY

Tier 1 Leverage Ratio

9.83%+58 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.30%1.33%1.35%1.62%1.58%+28 bps
Return on Equity16.11%16.36%16.38%18.77%17.89%+178 bps
Net Interest Margin3.60%3.58%3.60%3.81%3.81%+21 bps
Efficiency Ratio51.12%50.16%51.97%46.62%47.81%-330 bps
Non-Interest Burden1.78%1.73%1.76%1.71%1.74%-4 bps
Growth
Asset Growth (YoY)13.20%8.35%10.76%4.04%2.35%-1,085 bps
Loan Growth (YoY)16.74%12.37%13.91%8.33%3.44%-1,331 bps
Deposit Growth (YoY)11.47%10.94%6.16%3.16%4.44%-703 bps
Asset Quality
Nonperforming Loans / Loans0.60%0.69%1.14%1.67%1.62%+103 bps
Net Charge-Offs / Loans0.06%0.07%0.06%0.00%0.03%-3 bps
Allowance / Loans1.24%1.26%1.25%1.30%1.27%+4 bps
Allowance Coverage of NPLs2.1x1.8x1.1x0.8x0.8x-1.3x
Capital
Tier 1 Leverage Ratio9.26%9.18%9.26%9.49%9.83%+58 bps
Total Risk-Based Capital9.26%9.18%9.26%9.49%9.83%+58 bps
Equity / Assets8.14%8.38%8.49%8.82%9.21%+107 bps
Liquidity & Funding
Loans / Deposits95.47%96.29%97.93%89.57%94.55%-92 bps
Liquid Assets / Assets0.04%0.02%0.04%0.02%0.03%-1 bps
CRE / Total Capitaln/a91.61%93.63%91.88%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-10

Dakota Heritage Bank

Hunter, ND · Cert 16231 · Peer group: banks under $1B in assets operating regionally (n=99) · Hunter Holding Co.

State charter, non-member · FDIC · 11 branches

Q2 2026

$416.8MAssets
$346.9MLoans
$366.8MDeposits
$38.4MEquity

Executive Summary

  • Strongest standing: return on equity outperforms 95% of banks under $1B in assets operating regionally (rank 5 of 99).
  • Widest gap: nonperforming loans / loans trails 87% of banks under $1B in assets operating regionally (rank 87 of 99).
  • Overall: at or above the peer median on 5 of 9 directional measures.

Return on Assets

1.59%

Rank 14 of 99

Net Interest Margin

3.81%

Rank 49 of 99

Efficiency Ratio

47.81%

Rank 12 of 99

Equity / Assets

9.21%

Rank 70 of 99

Non-interest income vs. expense

$0.6M$7.9MINCOMEEXPENSE
Unfavorable gap of $7.3M · efficiency ratio beats 89% of banks under $1B in assets operating regionally
Bank 47.81%Peer median 62.4%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.59%0.82%1.19%1.48%Beats 86%14 / 99
Return on Equity17.29%7.92%11.87%14.08%Beats 95%5 / 99
Net Interest Margin3.81%3.44%3.80%4.18%Beats 51%49 / 99
Efficiency Ratio47.81%55.83%62.41%73.02%Beats 89%12 / 99
Asset Quality
Nonperforming Loans / Loans1.62%0.19%0.46%1.04%Beats 13%87 / 99
Net Charge-Offs / Loans0.02%0.00%0.02%0.06%Beats 53%48 / 99
Capital
Tier 1 Capital Ratio9.83%10.28%11.95%14.75%Beats 16%83 / 99
Total Risk-Based Capital Ratio9.83%10.45%12.59%15.64%Beats 14%85 / 99
Equity / Assets9.21%8.89%10.14%11.36%Beats 29%70 / 99
Liquidity & Funding
Loans / Deposits94.55%74.57%84.03%94.55%75th pctl25 / 99
Loans / Assets83.23%62.55%71.25%78.99%83rd pctl17 / 99
Brokered Deposits / Depositsn/aNot reported for this institution